NonprofitsValley Small Business Development Corporation

Community Improvement & Capacity Building

Valley Small Business Development Corporation

FRESNO, CA

Total revenue

$2.1M

Total expenses

$2.0M

Net assets

$6.9M

Grants received

$90K

4 grants

EIN

942461685

Tax year

2024

Mission

Providing capital, management assistance and other financial resources, including loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.

Financials

FY 2024

Revenue

Contributions & grants$383K
Program service revenue$1.7M
Investment income
Other revenue
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$759K
Fundraising$3K
Other expenses$1.2M
Total expenses$2.0M
Total assets$22.9M
Net assets$6.9M

People

10 listed

NameRoleCompensation

Debbie Raven

CEO

Board

$180K

40 hrs/wk

Oscar Espinoza

Treasurer

Board

2 hrs/wk

Robert Poythress

Director

Board

2 hrs/wk

Antonio Avalos

Chairman

Board

2 hrs/wk

Ali Nekumanesh

Director

Board

2 hrs/wk

Julia Picher

Director

Board

2 hrs/wk

Ken Herron

Vice Chairman

Board

2 hrs/wk

Kee Xiong

Director

Board

2 hrs/wk

Frank Gallegos

Director

Board

2 hrs/wk

Susan Woesner

Secretary

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$5K
Developing Lending Strategies for COVID-19 Economi
2021

Funded by

$90K from 2 funders · 4 grants · 2020–2022

Mufg Union Bank Foundation Ag

$85K · 3 grants · 2020–2022

Umpqua Bank Charitable Foundation

$5K · 1 grant · 2021

Details

EIN942461685
NTEE codeS43Z
Subsection03
Ruling date1978-02
Formed1977
Employees7
VALLEY SMALL BUSINESS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo